FAQs regarding Estate and Gift tax:

Q1: How much can you pass on to your non-spouse heirs without an estate tax?
A1: The unified credit against the estate tax increased from $5.43 million for 2015 to $5.45 million for 2016.

Q2: How much can you leave to your spouse without an estate tax?
A2: You may leave an unlimited amount to your U.S. Citizen surviving spouse, under the unlimited marital deduction rule.

Q3: How much can you gift in 2016 to any one individual without reporting the gift?
A3: The annual gift tax exclusion remains at $14,000 in 2016.